Ellie Delany, Author at ABFJournal

Fifth Third Provides $8.5MM Senior Credit Facility to BlastOne International

Fifth Third Business Capital provided an $8.5 million senior credit facility for Columbus, OH-based BlastOne International, a privately held company specializing in the provision of products and services to the corrosion control industry throughout the North American and Asia Pacific regions.

PayNet: Small Business Lending Rebounds in October Despite Headwinds

In October, the PayNet Small Business Lending Index increased 2.5 points to 147.3, although that was 0.9% below last year’s October level. While the SBLI rose moderately again in October, preliminary November data suggests challenges ahead as COVID-19 cases rise once again.

December 7, 2020 PayNet | PayNet Small Business Lending Index Ellie Delany

Arrowroot and Runway Provide FiscalNote with $160MM

Arrowroot Capital and Runway Growth Capital provided $160 million in growth capital and debt financing to FiscalNote, a global technology company providing software and political intelligence around legislative and regulatory risk.

MUFG: Restaurant Franchise Financing Rebounds to Pre-Pandemic Levels

Financing for restaurant franchise operators in the large and middle-tier segments has mostly bounced back to what it had been before the onset of the COVID-19 pandemic, according to Brian Geraghty, head of restaurant finance at Mitsubishi UFJ Financial Group.

December 7, 2020 Brian Geraghty | Mitsubishi UFJ Financial Group | Restaurant Finance Ellie Delany

BofA Provides Debt Financing to Support Nesco Acquisition of CTOS

Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Bank of America is leading debt financing in support of the transaction.

Gibraltar Supplies $7.5MM ABL to Sustainability-Focused Paper Manufacturer

Gibraltar Business Capital provided a $7.5 million asset-based loan to Willamette Falls Paper Company, an Oregon-based independent manufacturer that utilizes sustainable and recycled fiber sources to produce coated freesheet, offset, envelope, packaging and specialty papers.

December 7, 2020 Columbia Ventures Corporation | Gibraltar Business Capital | Willamette Falls Paper Company Ellie Delany

A&M Serves as Restructuring Advisor to Superior Energy Services in Chapter 11

Alvarez & Marsal served as restructuring advisor to Superior Energy Services in the company’s financial restructuring and commencement of its Chapter 11 case. Superior serves drilling, completion and production-related needs of oil and gas companies.

Fifth Third Provides $8.5MM Senior Credit Facility to BlastOne International

PayNet: Small Business Lending Rebounds in October Despite Headwinds

Arrowroot and Runway Provide FiscalNote with $160MM

MUFG: Restaurant Franchise Financing Rebounds to Pre-Pandemic Levels

BofA Provides Debt Financing to Support Nesco Acquisition of CTOS

Gibraltar Supplies $7.5MM ABL to Sustainability-Focused Paper Manufacturer

A&M Serves as Restructuring Advisor to Superior Energy Services in Chapter 11

eCapital Commercial Finance Delivers $2MM Factoring Facility to Hard Seltzer Provider

AlixPartners Serves as Restructuring Advisor in UTEX’s Chapter 11 Emergence

Rosenthal Provides $1MM PO Finance Facility for Tennessee-Based Uniform Importer

Author: Ellie Delany